Adams Diversified Equity Fund

The Adams Express Company (the Fund) is a diversified investment company. The Company is an internally-managed closed-end fund whose investment objectives are preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation. In order to conduct the Company’s business, the Company, through its transfer agent, American Stock Transfer & Trust Company, collects and maintains certain non-public personal information about its stockholders of record with respect to their transactions in shares of its securities. The Company’s investments include common stocks and short-term investments.

Adams Diversified Equity Fund (ADX) offers S&P 500-like exposure with a higher distribution yield, currently at a minimum of 8% annual policy implemented earlier this year. The fund's discount remains appealing at a double-digit level but is probably trading at what could be considered the new average given the distribution policy change. Along with the broader equity market continuing to hit new all-time highs as measured by the S&P 500 Index, it would suggest that ADX isn't a particular bargain.

ADX: The Last Big One

I know that plenty of our readers are self-directed investors who love nothing more than to build—and run—their own portfolios. Digging into a fund's prospectus and annual reports is something they look forward to.

Thank Wealth Managers For These 8%+ Dividends

Barings Global Short Duration High Yield Fund

Calamos Strategic Total Return Fund

Chevron

Enterprise Products Partners

General American Investors

abrdn Life Sciences Investors 

India Fund Inc

JPMorgan Chase & Co

New Linde PLC

Eli Lilly

Marathon Oil

Microsoft

Neuberger Berman MLP Income Fund, Inc.

NVIDIA

Adams Natural Resources Fund Inc

LMP Capital and Income Fund

Columbia Seligman Premium Technology Growth Func Inc

XAI Octagon Floating Rate & Alternative Income Term Trust

Energy Select Sector SPDR Fund

Exxon Mobil

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For 8.5% Yield (November 2024)

Apple

Broadcom

Blackrock Inc

Bristol-Myers

ConocoPhillips

Cisco Systems

EOG Resources

Energy Transfer LP Unit

SPDR Gold Trust

SPDR Gold MiniShares Trust

Alphabet

Home Depot

JPMorgan Nasdaq Equity Premium Income ETF

Lockheed Martin

Altria

MPLX

We present a highly diversified yet simple portfolio of 10 positions, with 9 funds and one individual MLP stock. The portfolio has been designed for retirees and investors planning for retirement, with a 6% current income yield and potentially 6% plus dividend growth. The portfolio presented uses a hands-off approach, and it is diversified among many asset classes as well as different sectors of the economy to be able to withstand different economic cycles in the next 10 years.

Potential $5,000 Monthly Income: 10 Investments To Buy And Hold For Next 10 Years

BALTIMORE, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) declared today a year-end distribution of $1.96 per share. The total distributions by the Fund for 2024 will be $2.50 per share, including the distributions totaling $0.54 per share made in 2024 prior to today's announcement. The annual distribution rate represented by these distributions is 10.9%.

Adams Diversified Equity Fund Declares Year-End Distribution

I get it if you're a bit wary of this latest market rally: We've got a volatile (to say the least!) election now days away.

This 8% Dividend Is The Perfect Buy As Markets Turn Choppy

Brookfield Infrastructure Partners L.P.

Usually, investors can access high yields with limited growth prospects, or relatively low yields with stronger and close to or even above double-digit income growth potential. However, in some instances, by being very selective and thoroughly assessing the fundamentals, it is possible to identify investments that offer both components. In this article, I share two picks, which provide decent yields with strong income growth potential.

High Yield Or Growth? Capture Both With These 2 Quality Picks

BlackRock Science & Technology

Eaton Vance Tax-Managed Diversified Equity Income Fund

GAMCO Global Gold. Natural Resources & Income Trust

Liberty All Star Equity Fund

For income investors, closed-end funds, or CEFs, remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. CEFs are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For 9.5% Yield (October 2024)

The Adams Diversified Equity Fund provides an investor with a pretty plain S&P 500 Index-like exposure in a CEF wrapper. The fund completed a tender offer earlier this year that we were able to take advantage of; they further announced a change in their distribution policy. ADX's new distribution policy provides for a minimum 8% annual payout, smoothing distributions throughout the year, but we could still see a large year-end.

ADX: 8% Distribution Rate Policy And Discount Widening Back Out

BALTIMORE, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) today announced the Fund's results for the nine months ended September 30th. The total return on Adams Diversified Equity's net asset value, with dividends and capital gains reinvested, was 21.3%. Comparable figures for the S&P 500 and the Morningstar U.S. Large Blend category were 22.1% and 20.4%, respectively. The total return on the market price of the Fund's shares for the period was 24.9%.

Adams Diversified Equity Fund Reports Nine Month Results

iShares Russell 2000 ETF

JPMorgan Equity Premium Income ETF

SPDR S&P 500 ETF Trust

Income investors often favor value investments like midstream infrastructure, equity REITs, and blue-chip cash cows for yields between 5% to 8%. Long-term alpha-like returns are unlikely with these assets, but they offer stable income streams that are suitable for defensive retirement portfolios. Some investors might, however, want to combine high yield with growth-like exposure.

2 Picks For High-Yield Investors Who Seek Growth-Like Exposure

ArrowMark Financial

Eaton Vance Enhanced Equity Income Fund

5 Best CEFs This Month For 9% Plus Yield (September 2024)

Alpine Global Premier Properties Fund

Using diversified funds to gain wide exposure and strong income can be a winning income strategy. One of our picks gives exposure to REITs which are primed to strongly benefit from rate cuts. The other pick has over half a century of strong returns and NAV appreciation.

Seeking +8% Yields In A Lower Rate Environment

The Adams Diversified Equity Fund has been operating since 1929, offering consistent distributions with a current yield of 6.28%. ADX has historically delivered returns in line with or exceeding the S&P 500, generating slight alpha over the broader market. The investment case for ADX centers on accessing S&P 500-like risks and returns, with primary returns driven by distributions rather than price appreciation.

ADX: 6% Yield That Works In Few Situations

BlackRock Enhanced Equity Dividend Trust

Blackrock Health Sciences Trust

BlackRock Health Sciences Trust II

BlackRock Science and Technology Trust II

BlackRock Enhanced Capital and Income Fund

Blackrock ESG Capital Allocation Trust

NXG NextGen Infrastructure Income Fund

The broader equity market saw declines in early August but ended near all-time highs to finish off the month. I put some capital to work this month at the low, but not as much as I had planned initially, as the market swiftly recovered. Most of the moves this month were corporate action-driven events, primarily the BlackRock tender offers, as we finished up the first measurement period.

9 Closed-End Fund Buys In The Month Of August 2024

Coca-Cola

Royce Value Trust

Workplaces and stress related to them are a top 5 causes of death in the U.S.; dividends have caused zero fatalities. We look at how dividends can provide for you and your loved ones, without trading your health for wealth. True wealth is one that is recurring, even if you're not working.

Stress And Work Kills, Dividends Provide

When it comes to investing, there are two critical “bedrocks” we need to keep in mind. Everything else builds out from there.

These Incredible 10% Dividends Make Money 95% Of The Time

Just a week ago, I wrote to you about the dangers of investing in a tired investor go-to called the 60/40 portfolio.

This 1-Click Move Gets You 8% Dividends From Everyday Stocks

Barings Participation Investors

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For Nearly 9% Yield (August 2024)

BALTIMORE, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) has determined that $21.29 per share is the issue price for the Fund's third quarter distribution to shareholders. This price is the mean between the high and low sales prices of the Fund's stock on the New York Stock Exchange on August 21, 2024, the valuation date.

Adams Diversified Equity Fund Announces $21.29 Issue Price of Shares and Sources of Distribution for Third Quarter Distribution Payable August 30, 2024

Aberdeen Standard Global Infr Inc Fd

Eaton Vance Tax-Advantaged Global Dividend Income Fund

Flaherty & Crumrine Total Return Fund Inc

John Hancock Tax-Advantaged Dividend Income Fund

Nuveen AMT-Free Municipal Value Fund

Western Asset Investment Grade Income Fund

Cohen & Steers Real Estate Opportunities and Income Fund

Closed-end funds overall have seen discounts narrow since the start of the year, but opportunities still exist in certain areas of the market. With increased market volatility more recently, that may lead to discounts widening back out, which could create even more opportunities in this structure. I hold 42 positions in my CEF portfolio, with the top 10 positions making up 37.40% of the portfolio—here's a review of those top 10 names.

My Top 10 Closed-End Fund Holdings: August 2024

Every month, I add or initiate new positions in my closed-end fund portfolio. This creates a snowball of growing monthly cash flow over time. With the market continuing to perform well at/near all-time highs, letting some cash build up also doesn't hurt.

4 Closed-End Fund Buys In The Month Of July 2024

BALTIMORE, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) announced today the final results of its offer to purchase up to 12,405,174 of its common shares at $22.47, 98% of the $22.93 net asset value per share (“NAV”) at the close of regular trading on the New York Stock Exchange on August 2, 2024, the expiration date (“Offer”), which include an updated proration factor. No other information about the Offer results has changed.

Adams Diversified Equity Fund Announces Final Tender Offer Results

BALTIMORE, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) announced today the final results of its offer to purchase up to 12,405,174 of its common shares at $22.47, 98% of the $22.93 net asset value per share (“NAV”) at the close of regular trading on the New York Stock Exchange on August 2, 2024, the expiration date.

Adams Diversified Equity Fund Announces Tender Offer Results

BALTIMORE, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) announced today the preliminary results of its offer to purchase up to 12,405,174 of its common shares at $22.47, 98% of the $22.93 net asset value per share (“NAV”) at the close of regular trading on the New York Stock Exchange on August 2, 2024, the expiration date. The tender offer expired at 5:00 p.m. (ET) on August 2, 2024 and was not extended.

News for Adams Diversified Equity Fund ETF (ADX)